UNITED STATES BANKRUPTCY COURT

 

 

 DISTRICT OF 

 DIVISION

 

TRUSTEE’S FINAL REPORT (TFR)

The undersigned trustee hereby makes this Final Report and states as follows:

1. A petition under chapter of the United States Bankruptcy Code was filed on

. The case was converted to one under Chapter 7 on . The

undersigned trustee was appointed on .

2. The trustee faithfully and properly fulfilled the duties enumerated in 11 U.S.C. §704.

3. All scheduled and known assets of the estate have been reduced to cash, released to

the debtor as exempt property pursuant to 11 U.S.C. § 522, or have been or will be abandoned

pursuant to 11 U.S.C. § 554. An individual estate property record and report showing the

disposition of all property of the estate is attached as Exhibit A.

In re: §

§

GOODMAN, DAVID § Case No. 16-28949

KAMIKOW, SHARON H. §

§

Debtor(s) §

4. The trustee realized gross receipts of $

Funds were disbursed in the following amounts:

Payments made under an interim

disbursement

Administrative expenses

Bank service fees

Other payments to creditors

Non-estate funds paid to 3rd Parties

Exemptions paid to the debtor

Other payments to the debtor

Leaving a balance on hand of1$

____________________

1

The balance of funds on hand in the estate may continue to earn interest until disbursed. The interest earned prior to disbursement

will be distributed pro rata to creditors within each priority category. The trustee may receive additional compensation not to exceed the

maximum compensation set forth under 11 U.S.C. §326(a) on account of the disbursement of the additional interest.

UST Form 101-7-TFR (5/1/2011) (Page: 1)

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5. Attached as Exhibit B is a cash receipts and disbursements record for each estate bank

account.

6. The deadline for filing non-governmental claims in this case was and the

deadline for filing governmental claims was . All claims of each class which will

receive a distribution have been examined and any objections to the allowance of claims have

been resolved. If applicable, a claims analysis, explaining why payment on any claim is not

being made, is attached as Exhibit C.

7. The Trustee’s proposed distribution is attached as Exhibit D.

8. Pursuant to 11 U.S.C. § 326(a), the maximum compensation allowable to the trustee is

$ . To the extent that additional interest is earned before case closing, the maximum

compensation may increase.

The trustee has received $ as interim compensation and now requests a sum of

$ , for a total compensation of $ 2. In addition, the trustee received

reimbursement for reasonable and necessary expenses in the amount of $ , and now requests

reimbursement for expenses of $ , for total expenses of $ 2.

Pursuant to Fed R Bank P 5009, I hereby certify, under penalty of perjury, that the

foregoing report is true and correct.

STATEMENT: This Uniform Form is associated with an open bankruptcy case, therefore, Paperwork Reduction Act

exemption 5 C.F.R. § 1320.4(a)(2) applies.

The remaining funds are available for distribution.

Date: By:/s/Phillip D. Levey

Trustee

____________________

2

If the estate is administratively insolvent, the dollar amounts reflected in this paragraph may be higher than the amounts listed in the

Trustee’s Proposed Distribution (Exhibit D).

UST Form 101-7-TFR (5/1/2011) (Page: 2)

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Exhibit A

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Case No: 16-28949 CAD Judge: CAROL A. DOYLE

GOODMAN, DAVID

KAMIKOW, SHARON H.

12/13/18

Trustee Name: Phillip D. Levey

Page: 1

Case Name:

For Period Ending:

1 2 3 4 5 6

Asset Description

(Scheduled and Unscheduled (u) Property)

Petition/

Unscheduled

Values

Estimated Net Value

(Value Determined by Trustee,

Less Liens, Exemptions,

and Other Costs)

Property Formally

Abandoned

OA=554(a) Abandon

Sale/Funds

Received by

the Estate

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

FORM 1

Date Filed (f) or Converted (c): 01/16/17 (c)

341(a) Meeting Date: 02/13/17

Claims Bar Date: 09/26/17

1. 1310 N. Ritchie Court, #19A, Chicago, IL 431,000.00 37,000.00 0.00 FA

Purchased 6/1/15 469,500. 2 BR. PIN 17031070191016

Property held in tenancy by entirety.

2. HOUSEHOLD FURNISHINGS 2,500.00 0.00 0.00 FA

3. Books & Pictures 500.00 0.00 0.00 FA

4. Sports & Hobby Equipment 1,000.00 0.00 0.00 FA

5. WEARING APPAREL 700.00 0.00 0.00 FA

6. JEWELRY 1,000.00 0.00 0.00 FA

7. Checking Account - Bank of America 517.00 0.00 0.00 FA

8. Checking Account - Citibank (u) 817.00 0.00 0.00 FA

9. Checking Account - Bank of America 549.56 0.00 0.00 FA

10. Checking Account - Citibank (u) 6,201.00 6,084.65 5,084.65 FA

11. Stocks 7,156.87 7,156.87 4,871.63 FA

12. IRA 510,761.41 0.00 0.00 FA

13. Term Life Insurance 0.00 0.00 0.00 FA

14. 2016 Income Tax Refund (u) 0.00 10,441.00 10,441.00 FA

15. 401k Over Contribution (u) 0.00 11,177.00 11,177.00 FA

16. Sheri Kamikow, Inc. (u) Unknown 0.00 0.00 FA

17. Wells Fargo Checking Account 500.00 0.00 0.00 FA

Gross Value of Remaining Assets

TOTALS (Excluding Unknown Values) $963,202.84 $71,859.52 $31,574.28 $0.00

(Total Dollar Amount in Column 6)

_____________________________________________________________________________________________________________________________

Major activities affecting case closing which are not reflected above, and matters pending, date of hearing or sale, and other action:

LFORM1 UST Form 101-7-TFR (5/1/2011) (Page: 3) Ver: 21.00

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Exhibit A

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Case No: 16-28949 CAD Judge: CAROL A. DOYLE

GOODMAN, DAVID

KAMIKOW, SHARON H.

Trustee Name: Phillip D. Levey

Page: 2

Case Name:

FORM 1

Date Filed (f) or Converted (c): 01/16/17 (c)

341(a) Meeting Date: 02/13/17

Claims Bar Date: 09/26/17

Initial Projected Date of Final Report (TFR): 02/01/18 Current Projected Date of Final Report (TFR): 11/30/18

LFORM1 UST Form 101-7-TFR (5/1/2011) (Page: 4) Ver: 21.00

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Exhibit B ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-28949 -CAD

GOODMAN, DAVID

KAMIKOW, SHARON H.

*******9656

Trustee Name: Phillip D. Levey

ASSOCIATED BANK

Page: 1

Case Name:

Taxpayer ID No:

Bank Name:

For Period Ending: 12/13/18

Account Number / CD #:

1 2 4 5 6 7

Transaction

Date

Check or

Reference Description Of Transaction Deposits ($) Disbursements ($)

3

Paid To / Received From

Account / CD

Balance ($)

FORM 2

Blanket Bond (per case limit): $ 5,000,000.00

Separate Bond (if applicable):

*******5240 Checking Account (Non-Interest Earn

Uniform

Tran. Code

BALANCE FORWARD 0.00

10/12/17 Gundylaw PC

dba The Gunderson Law Firm PC

Client trust Fund

10 Turnover 1229-000 5,084.65 5,084.65

11/07/17 ASSOCIATED BANK BANK SERVICE FEE 2600-000 10.00 5,074.65

12/07/17 ASSOCIATED BANK BANK SERVICE FEE 2600-000 10.00 5,064.65

01/08/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 10.00 5,054.65

02/07/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 10.00 5,044.65

02/22/18 International Sureties, Ltd.

701 Poydras Street - Suite 420

New Orleans, LA 70139

010001 Trustee's Bond 2300-000 2.04 5,042.61

03/07/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 10.00 5,032.61

03/30/18 David Goodman

Sheri Kamikow

1310 N Ritchie Court

Chicago, IL

11 Turnover of Stock Sale Proceeds 1129-000 4,871.63 9,904.24

04/06/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 10.00 9,894.24

05/07/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 14.23 9,880.01

06/07/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 14.69 9,865.32

07/09/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 14.19 9,851.13

08/07/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 14.65 9,836.48

09/10/18 ASSOCIATED BANK BANK SERVICE FEE 2600-000 14.62 9,821.86

09/18/18 David Goodman

Sheri Kamikow

1310 Ritchie Ct - Apt. 19A

Chicago, IL

14, 15 Turnover 1224-000 21,618.00 31,439.86

t 12/12/18 Trsf To Axos Bank FINAL TRANSFER 9999-000 31,439.86 0.00

Page Subtotals 31,574.28 31,574.28

Ver: 21.00

LFORM24

UST Form 101-7-TFR (5/1/2011) (Page: 5)

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Exhibit B ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-28949 -CAD

GOODMAN, DAVID

KAMIKOW, SHARON H.

*******9656

Trustee Name: Phillip D. Levey

ASSOCIATED BANK

Page: 2

Case Name:

Taxpayer ID No:

Bank Name:

For Period Ending: 12/13/18

Account Number / CD #:

1 2 4 5 6 7

Transaction

Date

Check or

Reference Description Of Transaction Deposits ($) Disbursements ($)

3

Paid To / Received From

Account / CD

Balance ($)

FORM 2

Blanket Bond (per case limit): $ 5,000,000.00

Separate Bond (if applicable):

*******5240 Checking Account (Non-Interest Earn

Uniform

Tran. Code

COLUMN TOTALS 31,574.28

 Less: Bank Transfers/CD's

Subtotal

 Less: Payments to Debtors

Net

 31,574.28 0.00

 0.00 31,439.86

 31,574.28 134.42

 31,574.28 134.42

 0.00

* Reversed

t Funds Transfer

Page Subtotals 0.00 0.00

Ver: 21.00

LFORM24

UST Form 101-7-TFR (5/1/2011) (Page: 6)

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Exhibit B ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-28949 -CAD

GOODMAN, DAVID

KAMIKOW, SHARON H.

*******9656

Trustee Name: Phillip D. Levey

Axos Bank

Page: 3

Case Name:

Taxpayer ID No:

Bank Name:

For Period Ending: 12/13/18

Account Number / CD #:

1 2 4 5 6 7

Transaction

Date

Check or

Reference Description Of Transaction Deposits ($) Disbursements ($)

3

Paid To / Received From

Account / CD

Balance ($)

FORM 2

Blanket Bond (per case limit): $ 5,000,000.00

Separate Bond (if applicable):

*******0079 Checking Account

Uniform

Tran. Code

BALANCE FORWARD 0.00

t 12/12/18 Trsf In From ASSOCIATED BANK INITIAL WIRE TRANSFER IN 9999-000 31,439.86 31,439.86

COLUMN TOTALS 31,439.86

 Less: Bank Transfers/CD's

Subtotal

 Less: Payments to Debtors

Net

 0.00 31,439.86

 31,439.86 0.00

 0.00 0.00

 0.00 0.00

 0.00

Checking Account (Non-Interest Earn - ********5240

Checking Account - ********0079

31,574.28

0.00

------------------------

31,574.28

==============

(Excludes Account

Transfers)

134.42

0.00

------------------------

134.42

==============

(Excludes Payments

To Debtors)

0.00

31,439.86

------------------------

31,439.86

==============

Total Funds

On Hand

TOTAL - ALL ACCOUNTS NET DEPOSITS

 NET

DISBURSEMENTS

ACCOUNT

BALANCE

* Reversed

t Funds Transfer

Page Subtotals 31,439.86 0.00

Ver: 21.00

LFORM24

UST Form 101-7-TFR (5/1/2011) (Page: 7)

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Page 1 Date: December 13, 2018

Case Number: 16-28949

Debtor Name: GOODMAN, DAVID

Code #

ANALYSIS OF CLAIMS REGISTER

Creditor Name & Address Notes Claimed Allowed

Priority Sequence

Claim Class Scheduled

EXHIBIT C

Claims Bar Date: 09/26/17

Joint Debtor: KAMIKOW, SHARON H.

2100-00

 $0.00 $3,907.43

001

Phillip Levey Administrative $3,907.43

2722 North Racine Avenue

Chicago, IL 60614

3110-00

 $0.00 $6,750.00

001

Phillip D. Levey Administrative $6,750.00

2722 North Racine Avenue

Chicago, IL

2200-00

 $0.00 $75.01

001

Phillip D. Levey Administrative $75.01

2722 North Racine Avenue

Chicago, IL 60614

Subtotal for Priority 001 $0.00 $10,732.44 $10,732.44

4110-00

 $0.00 $0.00

050

000002

Withdrawn

TCF National Bank Secured $0.00

1405 Xenium Lane N.

Plymouth, MN 55441

4110-00

 $0.00 $0.00

050

000007

(7-1) Total Arrears:928.59

Withdrawn

JPMorgan Chase Bank, N.A. Secured $0.00

3415 Vision Drive OH4-7142

Columbus, OH 43219

4700-00

 $0.00 $0.00

050

000009

(9-1) Account Number (last 4

digits):9828

Withdrawn

Cook County Treasurer's Office Secured $0.00

118 North Clark Street

Room 112

Chicago, IL 60602

Subtotal for Priority 050 $0.00 $0.00 $0.00

7100-00

 $0.00 $0.00

070

000001

Withdrawn

Nissan-Infiniti LT Unsecured $0.00

PO Box 660366

Dallas TX 75266-0366

7100-00

 $0.00 $1,842.76

070

000003

(3-1) modified on 10-12-16 to

correct creditor address/name (nm)

BMW Financial Services NA, LLC Unsecured $1,842.76

P.O. Box 165028

Irving, TX 75016

7100-00

 $0.00 $6,653.13

070

000004 American Express Centurion Bank Unsecured $6,653.13

c/o Becket and Lee LLP

PO Box 3001

Malvern PA 19355-0701

7100-00

 $0.00 $26,974.40

070

000005 American Express Bank FSB Unsecured $26,974.40

c/o Becket and Lee LLP

PO Box 3001

Malvern PA 19355-0701

7100-00

 $0.00 $0.00

070

000006

(6-1) 8512

Withdrawn

U.S. BANK NATIONAL Unsecured $0.00

ASSOCIATION

BANKRUPTCY DEPARTMENT

P.O. BOX 5229

CINCINNATI, OH 45201-5229

CREGIS2 UST Form 101-7-TFR (5/1/2011) (Page: 8) Printed: 12/13/18 10:09 AM Ver: 21.00

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Page 2 Date: December 13, 2018

Case Number: 16-28949

Debtor Name: GOODMAN, DAVID

Code #

ANALYSIS OF CLAIMS REGISTER

Creditor Name & Address Notes Claimed Allowed

Priority Sequence

Claim Class Scheduled

EXHIBIT C

Claims Bar Date: 09/26/17

Joint Debtor: KAMIKOW, SHARON H.

7100-00

 $0.00 $8,000.36

070

000008

(8-1) Money Loaned

Department Store National Bank Unsecured $8,000.36

c/o Quantum3 Group LLC

PO Box 657

Kirkland, WA 98083-0657

7100-00

 $0.00 $2,631,531.91

070

000010

(10-1) Money Loaned

(10-1)

Judgment

BMO Harris Bank as assignee Unsecured $2,631,531.91

c/o Bayview Loan Servicing LLC

7300 Corp Center Drive-4th Floor

Miami, Florida 33126

Subtotal for Priority 070 $0.00 $2,675,002.56 $2,675,002.56

2300-00

 $0.00 $2.04

999

BOND

Trustee's Bond

International Sureties, Ltd. Administrative $2.04

701 Poydras Street - Suite 420

New Orleans, LA 70139 2221655240 02/22/18 10001 2.04

Subtotal for Priority 999 $0.00 $2.04 $2.04

Case Totals: $0.00 $2,685,737.04 $2,685,737.04

Code #: Trustee's Claim Number, Priority Code, Claim Type

CREGIS2 UST Form 101-7-TFR (5/1/2011) (Page: 9) Printed: 12/13/18 10:09 AM Ver: 21.00

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TRUSTEE’S PROPOSED DISTRIBUTION

Exhibit D

Case No.: 16-28949

Case Name: GOODMAN, DAVID

KAMIKOW, SHARON H.

Trustee Name: Phillip D. Levey

Claims of secured creditors will be paid as follows:

NONE

Applications for chapter 7 fees and administrative expenses have been filed as follows:

Applications for prior chapter fees and administrative expenses have been filed as follows:

NONE

In addition to the expenses of administration listed above as may be allowed by the Court,

priority claims totaling $ must be paid in advance of any dividend to general (unsecured) creditors.

Allowed priority claims are:

Balance on hand $

Reason/Applicant Total Requested

Interim Payments

to Date

Proposed

Payment

Trustee Fees: Phillip D. Levey $ $ $

Trustee Expenses: Phillip D. Levey $ $ $

Attorney for Trustee Fees: Phillip D. Levey $ $ $

Other: International Sureties, Ltd. $ $ $

Total to be paid for chapter 7 administrative expenses $

Remaining Balance $

UST Form 101-7-TFR (5/1/2011) (Page: 10)

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NONE

The actual distribution to wage claimants included above, if any, will be the proposed payment

less applicable withholding taxes (which will be remitted to the appropriate taxing authorities).

Timely claims of general (unsecured) creditors totaling $ have been allowed and

will be paid pro rata only after all allowed administrative and priority claims have been paid in full. The

timely allowed general (unsecured) dividend is anticipated to be percent, plus interest (if

applicable).

Timely allowed general (unsecured) claims are as follows:

Claim No. Claimant

Allowed Amount

of Claim

Interim Payments

to Date

Proposed

Payment

000003

BMW Financial Services

NA, LLC

P.O. Box 165028

Irving, TX 75016 $ $ $

000004

American Express

Centurion Bank

c/o Becket and Lee LLP

PO Box 3001

Malvern PA 19355-0701 $ $ $

000005

American Express Bank

FSB

c/o Becket and Lee LLP

PO Box 3001

Malvern PA 19355-0701 $ $ $

000008

Department Store National

Bank

c/o Quantum3 Group LLC

PO Box 657

Kirkland, WA 98083-0657 $ $ $

000010

BMO Harris Bank as

assignee

c/o Bayview Loan

Servicing LLC

7300 Corp Center Drive4th Floor

Miami, Florida 33126 $ $ $

UST Form 101-7-TFR (5/1/2011) (Page: 11)

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Tardily filed claims of general (unsecured) creditors totaling $ have been allowed and will

be paid pro rata only after all allowed administrative, priority and timely filed general (unsecured) claims

have been paid in full. The tardily filed claim dividend is anticipated to be percent.

Tardily filed general (unsecured) claims are as follows:

NONE

Subordinated unsecured claims for fines, penalties, forfeitures, or damages and claims ordered

subordinated by the Court totaling $ have been allowed and will be paid pro rata only after all

allowed administrative, priority and general (unsecured) claims have been paid in full. The dividend for

subordinated unsecured claims is anticipated to be percent.

Subordinated unsecured claims for fines, penalties, forfeitures or damages and claims ordered

subordinated by the Court are as follows:

NONE

Total to be paid to timely general unsecured creditors $

Remaining Balance $

UST Form 101-7-TFR (5/1/2011) (Page: 12)

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